Fracking, Climate Change and the Water Crisis
Despite the alarming water crisis the world is facing, private interests are polluting, exploiting and selling water -- a resource essential for all life. A 2009 publication, sponsored by the World Bank's International Finance Corporation and several for-profit multinational companies, predicted that by 2030 global freshwater demand would exceed available supplies by 40 percent. In addition to the increasing pollution and overuse of the available freshwater supply, climate change will exacerbate water shortages worldwide. In fact, a UN-Water report said..."climate change is expected to account for about 20 percent of the global increase in water scarcity."